Mortgage Delinquencies Decline Again - WSJ.com

The headlines would sometimes have us believe that every statistic is an important signal. Of course that isn't right; statistics are merely data points. Trends, on the other hand, are significant, and this one is beginning to look very encouraging: Mortgage Delinquencies Decline Again - WSJ.com - David

What Buffett Thinks about Housing

Want to know what Warren Buffett predicts for the US housing market?  Then you need to look at paragraphs 4-7 on Page 12 (Page 14 of the pdf) of the 2009 Annual Report of Berkshire Hathaway Inc.  Since Berkshire Hathaway owns several real estate interests, Buffett weighs in on the housing market in his Chairman's letter. - David

Hagerty's Quarterly Housing Report - The Wall Street Journal Online

Housing inventories declined 23.8% in the fourth quarter of 2009 to 4.7 months supply. South Bay numbers are better yet. - David

Hagerty's Quarterly Housing Report - The Wall Street Journal Online

Existing Home Sales Plummet In December, But It Was Expected

Just one month after from blowing away Wall Street, December's Existing Home Sales hit the skids, shedding nearly 17 percent and falling to a 4-month low.
Don't be alarmed, though. The plunge was expected. And not just because Pending Home Sales cratered last month.

When November's Existing Home Sales surged, it was clear to observers that an expiring $8,000 federal tax credit was the catalyst. At the time,

Pending home sales in the West fare better than the rest of the country

Sales in the West look a LOT better than in the rest of the country these days. 

Pending home sales in the West fare better than the rest of the country

Beware of generalized statistics that aren't pertinent to our local area (even these are pretty broad)! - David
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Home Buyers Get A Green Light : Pending Home Sales Plunge In November

Just one month after touching a 3-year high, the National Association of Realtors® Pending Home Sales index plunged in November.  A "pending" home sale is a home that is under contract to sell, but has yet to close.
The 16 percent drop marks the first retreat in Pending Home Sales since January of last year.

Good Reason Why The New Home Sales Data Plunged In November

One day after November's Existing Home Sales report blew away estimates, the Census Bureau's related New Homes Sales report failed to impress.
A "new home" is a home that is newly-constructed; not bought as a resale.
In a lackluster showing, New Home Sales dropped 11 percent in November, falling to the lowest levels since April. Furthermore, the all-important "months of supply" climbed by a half-month to 7.9.
The press pounced on the figures and if you only read the headlines, you'd think that housing had cratered.

Homes in Escrow Continue to Decline in South Redondo Beach

As seen in this chart, the number of homes in escrow (pending) in South Redondo Beach continued to decline in November. Contact me for comprehensive, up-to-date statistical information by market. - David

Months Supply of N. Redondo Homes Continues 2-year Decline

The number of months of inventory of homes in North Redondo Beach continued its 2-year decline, reflecting an increase in the pace of sales and a reduced number of homes hitting the market. - David

Hermosa Beach Sales Rising Steadily

As seen in this chart, the number of monthly sold residential properties in Hermosa Beach has been rising steadily from the lows in the beginning of 2009, with a few spikes in summer. Contact me for comprehensive, up-to-date statistical housing information by market. - David

Manhattan Beach Inventory Lowest Since Dec. 2007

As seen in this chart, the inventory of homes on the market in Manhattan Beach has been trending downward since March of 2009 and is at its lowest level (170 homes) since December of 2007!  Contact me for comprehensive, up-to-date statistical information by market. - David

Why many home-price measures may be misleading - MarketWatch

Are home price statistics published nationally, regionally, and locally really reliable?  In many cases, absolutely not. Unfortunately, journalists often make no better statisticians than statisticians make journalists. - David

Why many home-price measures may be misleading - MarketWatch

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PolicyMap shares 2008 loan data - Inman News

PolicyMp, a great source of reliable data, updates its real estate statistics per this article from Inman News - David

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